Summer is right around the corner, and with the arrival of the season also comes with increased road traffic and the rising cost of fuel. If you’re running a Small Business, every dollar counts! According to Gasbuddy.com, the current National Average for Regular Fuel as of May 2019 is $2.845/gallon and continues to rise as the weather gets warmer.
Employees are a company’s best asset – take care of you employees and they will take care of your customers. In this fast paced world, companies are looking for tools that will make them more productive, and more profitable while reducing costs. Companies with fleets are using GPS tracking solutions to achieve these goals, and provide a world class experience to their customers.
As a fleet-based business owner, operator or manager you are faced with the challenge of monitoring and tracking not only vehicles, but drivers as well. You can’t be with all your drivers on all their trips, so you rely on limited information to make very important decisions. The daily decisions you make have a direct impact on the business’s bottom line. Using the EZ Fleet GPS Tracking System you can avoid the biggest mistakes, listed below, made in fleet management.
Not only do you spend a lot of money on your assets, but you rely on your equipment and assets to successfully complete a job. The sad truth is that vehicles, equipment and assets are stolen every day. In 2016, a vehicle was stolen every 45 minutes. Read more here about theft mitigation and recovery for your vehicles.
Many companies have implemented Electronic Driver Logging (ELD) systems in compliance with the Federal mandate of December 2017. But any still haven’t. A non-scientific poll of Overdrive readers revealed that one third remained unsure about their response to the mandate. And based on our ELD sales volumes in January, 2018 so far, it is clear that some companies still haven’t taken the plunge. We understand, ELD is a compliance requirement and while there are some benefits to both the driver and the company, most owners and fleet managers see ELD as a cost of doing business rather than something that will help the bottom line.
Many companies that buy GPS Tracking Solutions provide a service such as installation, maintenance or repair. We've all been customers of these types of services and we all have experience the 8 hour service window or waiting in frustration when the service technician is late, without any update or notice.
According to the FBI, there were 765,484 vehicle thefts in 2016. That works out to 237 thefts per 100,000 inhabitants resulting in $5.9 billion in losses. For locally stolen motor vehicles, only 42% were ever recovered and those that were recovered were often damaged. Fleet owners can avoid tremendous losses in terms of assets and lost productivity if thefts can be identified quickly and the vehicle recovered before being damaged. Of course, if the theft can be avoided completely, the savings are massive.
We talk a lot about how GPS tracking increases productivity generally because the people who are thinking of purchasing a system want to know how the initial investment can save them money. So, we spend a lot of time explaining how a GPS tracking system can pay for itself in as little as one month of use through improved productivity, reduced fuel costs and lower insurance rates. But, there are also driver safety impacts that are important.
Ever wondered how GPS tracking works? Whether it is for fleet tracking, asset tracking or personal tracking (or pet tracking!), the principles are the same. Here, we’ll give you an overview of a GPS tracking system.
GPS Fleet Tracking solutions have become very popular since the return on investment is immediate and persistent. Often companies report paying for the full cost of the system in the very first month of use. Depending on the industry, it might take a few months to recover the cost but there are few solutions that deliver benefits so quickly.